Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 2. which of the following accounts will not appear

2. Which of the following accounts will NOT appear on the post-closing trial balance? Fees...

80.2K

Verified Solution

Question

Accounting

2. Which of the following accounts will NOT appear on the post-closing trial balance?

Fees Earned

Cash

Accounts Receivable

Accounts Payable

b

3. The journal entry required to close the dividends account includes

a debit to Income Summary and a credit to Dividends.

a debit to Retained Earnings and a credit to Dividends.

a debit to Retained Earnings and a credit to Cash.

None of these choices are correct.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

List and describe two concepts that you feel were most important to you in this course....

Medical Sciences
1.2K views

In humans, one type of malignant eye tumor called retinoblastoma is inherited as a dominant allele R....

Advance Math
1.2K views

Which study design is best to minimize confounders--cohort or case-control?

Finance
1.2K views

Compare and contrast financing with debt vs. equity. What is being financed?

Biology
1.2K views

mRNA amino acids Met Ala Tyr Glu Lev val 2 DNA TACCTGTTAAGCTACAAAATT mRNALAUGEACAADUC GA GUUUGAA...

Physics
1.2K views

String 1 in the figure has linear density 2 50 g m and string 2...

Physics
1.2K views

daughter nuclei respectively in a radioactive decay The Q value of decay is Q and...

Geometry
1.2K views

Solve the given equation Enter your answers as a comma separated list Let k be...

Geometry
1.2K views

What does inverse operations mean Opposite operations Negative Operations

Calculus
1.2K views

Two poles are connected by a wire that is also connected to the ground The...

Algebra
1.2K views

If the perimeter of a rectangle is 36 cm and the area is 72 square...

Accounting
1.2K views

When demand for a product is very elastic and prices are increased, demand will ________....